ATLANTA, March 14, 2005 (PRIMEZONE) -- Market Pulse News Alert for this AM, stocks to watch are: Xtreme Companies, Inc. (OTCBB:XTME), Sears Roebuck Co. (NYSE:S), Dynamic Materials Corp. (Nasdaq:BOOM), and Visteon Corp. (NYSE:VC).
Investors need to be watching Xtreme Companies, Inc. (OTCBB:XTME) this AM! XTME is engaged in the manufacturing and marketing of mission-specific fire and rescue boats used in emergency, surveillance and defense deployments. Xtreme's boats have been marketed and sold directly to fire and police departments, the U.S. Military and coastal port authorities throughout the U.S. By combining proven, innovative designs with power, safety, handling and stability, XTME produces invaluable boats designed to protect and save lives. XTME is in a position to capture a large portion of the rapid response, fire, rescue and patrol boat share of the market. XTME had excellent news out after Friday's bell announcing the sale of 7 Challenger vessels to Missouri-based Lifeline Marine, Inc., a newly signed addition to the expanding dealer network offering the Challenger line! This could be great news for investors!
Xtreme Companies, Inc. (OTCBB:XTME) the exclusive distributor of the "Challenger Offshore" marine line, announced today the sale of 7 Challenger vessels to Missouri-based Lifeline Marine, Inc., a newly signed addition to the expanding dealer network offering the Challenger line.
Xtreme CEO Kevin Ryan stated, "We've wasted no time in getting our boots on the ground to expand our dealer network. Distribution is the key to success in our industry and this significant sale to a quality dealer such as Lifeline is a testament to that. We believe Lifeline will become a continued and valued dealer and look forward to expanding our relationship."
Lifeline Marine National Sales Manager Michael Powers stated, "We are excited about the opportunity to offer the full series of Challenger Offshore boats and yachts. We believe Challenger is one of the strongest marine manufacturers in the industry today and its management team continues to strive for innovation."
The sale to Lifeline included 6 "Z-Series" leisure boats and 1 "DDC" high performance cuddy cabin. The Manufacturer Suggested Retail Price (MSRP) for the boats ranges from $65,000 -- $90,000.
About Xtreme Companies, Inc.
Xtreme Companies, Inc. is engaged in manufacturing and marketing of mission-specific fire and rescue boats used in emergency, surveillance and defense deployments. The boats have been marketed and sold directly to fire and police departments, the U.S. Military and coastal port authorities throughout the United States.
Additionally, Xtreme is the exclusive distributor for Marine Holdings, Inc. (MHI) d/b/a Challenger Offshore, which manufactures semi-custom fiberglass boats of 19' to 97' in length, which include leisure, performance, fishing and motor yachts. MHI is best known for their products that compete directly with the industry's largest boat producers. Internationally known race driver and designer Don Aronow, credited as being the architect of the performance boat industry, designed and created some of the hull technologies today used by Challenger Offshore. Mr. Aronow has also been credited with creating companies such as Cigarette, Donzi, Formula, Apache and Magnum. For more information you may visit please visit www.xtremecos.com and www.challengeroffshore.com. Xtreme's public financial information and filings can be viewed at www.sec.gov.
Stocks acting well as of late include: Sears Roebuck Co. (NYSE:S), Dynamic Materials Corp. (Nasdaq:BOOM), and Visteon Corp. (NYSE:VC).
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